| Metric | Q4 2021 | Q3 2021 | Q4 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $863M | $813M | $790M | 6.1% | 9.3% |
| Op. Income | $120M | $247M | $168M | -51.5% | -28.5% |
| Gross Margin | 93.8% | 94.0% | 94.4% | -0.1pp | -0.6pp |
| Net Margin | 65.3% | 22.4% | 19.0% | 43.0pp | 46.4pp |
| EPS (Diluted) | $2.54 | $0.82 | $0.68 | 209.8% | 273.5% |
| Free Cash Flow | $81M | $223M | $56M | -63.7% | 44.7% |
| Item | Amount |
|---|---|
| REVENUE | $863M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $810M |
| R&D Expenses | $473M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $217M |
| Other Expenses | $0 |
| Operating Expenses | $690M |
| Cost & Expenses | $743M |
| OPERATING INCOME | $120M |
| Interest Income | $0 |
| Interest Expense | $752.0K |
| Other Income/Expenses | $70.0K |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | -$444M |
| Net Income from Continuing Ops | $564M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $564M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $564M |
| D&A | $15M |
| EBIT | $121M |
| EBITDA | $136M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $863M |
| Cost of Revenue | $53M |
| GROSS PROFIT | $810M |
| R&D Expenses | $473M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $217M |
| Other Expenses | $0 |
| Operating Expenses | $690M |
| Cost & Expenses | $743M |
| OPERATING INCOME | $120M |
| Interest Income | $0 |
| Interest Expense | $752.0K |
| Other Income/Expenses | $70.0K |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | -$444M |
| Net Income from Continuing Ops | $564M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $564M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $564M |
| D&A | $15M |
| EBIT | $121M |
| EBITDA | $136M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $564M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$465M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $88M |
| Purchases of Investments | -$32M |
| Sales/Maturities of Investments | $261.0K |
| Other Investing Activities | -$88M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$629.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | $58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $291M |
| Net Receivables | $616M |
| Inventory | $28M |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $751M |
| Goodwill | $156M |
| Intangible Assets | $151M |
| Long-Term Investments | $221M |
| Tax Assets | $468M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $172M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $328M |
| TOTAL CURRENT LIABILITIES | $854M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $277M |
| TOTAL NON-CURRENT LIABILITIES | $309M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $221.0K |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | -$778M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $45M |
| Net Debt | -$2.0B |
